RE:NCU >>> current NPV is $3.8 billion CAD >>>Capital will be raised at an unknown, but way too cheap price, the debt will be extended and moved back into the 'long term' category on the balance sheet and the greedy will have bought out the fearful ... as process that we have been very clearly seeing over these last few days.
The underground will be very cash flow positive when we hit commercial scale at 5,000 tpd and that is when the debt service requirements kick in.
At today's copper prices and at scale then 60 million pounds per year costs about $120 million to produce and it sells for about $260 million, leaving $140 million of cash in just one year folks. Just one year.
Times $140 million by say 6 for a cash flow multiple = $840 million value of the underground. But wait' there's more ! If you buy this today we will throw in a delineated and permitted open pit project in the USA. Yes, folks, in the USA, and it is the only one available to develop at the moment. That open pit project will contribute another 220 million pounds per year of copper at an all in cost of $2.03 per pound (okay, call it $2.35 if you want) That leaves $440 million CF per year. Times that by 10 = $4.4 billion. Remove $2 billion to build and finance it and still get $2.4 billion (more than $1.00 per share)
So, $1.00 per share open pit thrown in for Free. Yes, for FREE. Step right up folks at but a ticket. You cannot win if you do not buy a ticket. Remember this is a limitted time offer folks.
Cheers,
Notgnu
N
Notgnu wrote: $3,800,000,000 divided by 2,800,000,0000 fully dilluted shares (this already assumes *500,000,000 new shares issued soon) is $1.35 CAD per share or about 15 times today's price.
See slide #23 https://nevadacopper.com/site/assets/files/4209/2021-03-ncu-cp.pdf
* My guess
Cheers,
Notgnu